Commercewest Bank Reports Earnings Results for the Fourth Quarter Ended December 31, 2019
January 29, 2020 at 04:30 pm EST
CommerceWest Bank announced earnings results for the fourth quarter ended December 31, 2019. For the fourth quarter, the company announced net income was USD 2.114 million compared to USD 1.692 million a year ago. Basic earnings per share was USD 0.58 compared to USD 0.46 a year ago. Diluted earnings per share was USD 0.55 compared to USD 0.43 a year ago. For the full year, net income was USD 8.208 million compared to USD 5.937 million a year ago. Basic earnings per share was USD 2.69 compared to USD 1.58 a year ago. Diluted earnings per share was USD 2.54 compared to USD 1.47 a year ago.